Vista Energy Acquires 30% Stake in Aguacate Block

TL;DR

Vista Energy just bought a 30% stake in the Aguacate block, adding 1,500 boepd to their production.

AI Summary

Vista Energy, S.A.B. de C.V. (Vista) announced on August 20, 2024, that it has completed its previously announced acquisition of a 30% non-operated working interest in the producing block Aguacate, located in the Cuencas del Sureste Basin in Mexico. The acquisition was made from a subsidiary of PT Pertamina (Persero) and is expected to add approximately 1,500 barrels of oil equivalent per day (boepd) to Vista's production. This transaction is part of Vista's strategy to expand its production base in Mexico.

Why It Matters

This acquisition expands Vista Energy's production in Mexico, potentially increasing revenue and strengthening its position in the Latin American energy market.

Risk Assessment

Risk Level: medium — Acquisitions carry inherent risks related to integration, valuation, and operational performance, and the specific details of the financial terms are not fully disclosed in this filing.

Key Numbers

• 30% — Working Interest Acquired (Percentage of ownership in the Aguacate block)
• 1,500 boepd — Production Increase (Expected daily production addition from the acquired asset)

Key Players & Entities

• Vista Energy, S.A.B. de C.V. (company) — Acquiring company
• Aguacate block (asset) — Acquired asset
• PT Pertamina (Persero) (company) — Seller's parent company
• 1,500 barrels of oil equivalent per day (dollar_amount) — Expected production increase
• August 20, 2024 (date) — Announcement date
• August 19, 2024 (date) — Transaction completion date

FAQ

Key Financial Figures

• $37,240,000 — tax, was of approximately Mexican Pesos $37,240,000. After giving effect to such repurchase

Filing Documents

• d884254d6k.htm (6-K) — 9KB
• g884254g0820032622103.jpg (GRAPHIC) — 4KB
• 0001193125-24-203258.txt ( ) — 16KB

From the Filing

6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER SECURITIES EXCHANGE ACT OF 1934 For the month of August 2024 Commission File No. 001-39000 Vista Energy, S.A.B. de C.V. (Exact Name of the Registrant as Specified in the Charter) N.A. (Translation of Registrants Name into English) Pedregal 24, Floor 4, Colonia Molino del Rey, Alcaldía Miguel Hidalgo, Mexico City, 11040 Mexico (Address of Principal Executive Office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-FForm 40-F Mexico City, Mexico, August 20, 2024 On August 19, 2024, Vista Energy, S.A.B. de C.V. (Vista) (NYSE: VIST in the New York Stock Exchange; BMV: VISTA in the Mexican Stock Exchange) repurchased 40,000 Series A shares of Vista, at a price of Mexican Pesos $ 931.00 per Series A share. These repurchases were made in furtherance of the approval granted at the general ordinary shareholders meeting held on August 6, 2024. The total amount of these Series A shares repurchases, excluding fees and value-added tax, was of approximately Mexican Pesos $37,240,000. After giving effect to such repurchases, there were 95,625,885 Series A shares outstanding, and 3,155,141 Series A shares were held in Treasury derived from repurchases carried out by the Company. Vista engaged Citibanamex Casa de Bolsa, S.A. de C.V., Casa de Bolsa Integrante del Grupo Financiero Citibanamex to execute these Series A shares repurchases. Enquiries: Investor Relations: ir@vistaenergy.com Argentina: +54 11 3754 8500 Mexico: +52 55 8647 0128 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: August 20, 2024 VISTA ENERGY, S.A.B. DE C.V. By: /s/ Alejandro Cherñacov Name: Alejandro Cherñacov Title: Strategic Planning and Investor Relations Officer

View Full Filing

View this 6-K filing on SEC EDGAR